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Pin to quick picksFondul Proprietatea Regulatory News (FP.)

Share Price Information for Fondul Proprietatea (FP.)

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NAV as of 31 October 2023

15 Nov 2023 07:00

RNS Number : 5262T
Fondul Proprietatea S.A.
15 November 2023
 

Fund Administrator:

Franklin Templeton International Services S.à r.l.

Administrator Code:

PJM07.1AFIASMDLUX0037

Fund:

Fondul Proprietatea SA

Fund Code:

PJR09FIAIR/400018

Reporting date: 

31.10.2023

Statement of Assets and Liabilities of Fondul Proprietatea SA and the Net Asset Value calculation according with the FSA Regulations No. 9/2014 and No. 7/2020, as subsequently amended

RON

1. Intangible assets

0.00

2. Tangible assets

0.00

3. Real estate investments

0.00

4. Biological assets

0.00

5. Assets representing rights to use the underlying assets in a leasing contract

0.00

6. Financial assets

2,164,239,689.62

6.1. Financial assets at amortised cost

0.00

6.2. Financial assets at fair value through profit or loss, out of which:

2,164,239,689.62

6.2.1. Shares traded or listed on regulated markets in Romania*

154,452,479.34

6.2.2. Shares admitted or traded on a regulated market from a member state

0.00

6.2.3. Shares traded or listed on regulated markets from a non-EU Member State

0.00

6.2.4. Shares issued by Romanian companies not admitted to trading

2,009,787,210.28

6.2.5. Bonds admitted to trading issued or guaranteed by central government authorities

0.00

6.2.6. Municipal bonds

0.00

6.2.7. Corporative bonds

0.00

6.2.8. Treasury bills

0.00

6.2.9. Newly issued securities

0.00

6.2.10. Participation titles of UCITS and/or of OCIU/AIF

0.00

6.2.11. Equity titles

0.00

6.2.12. Derivates

0.00

6.2.13. Other financial assets

0.00

6.3. Financial assets at fair value through other comprehensive income

0.00

7. Cash (cash and cash equivalents)

637,766,295.73

8. Bank deposits

1,338,767,351.00

9. Other assets

127,637,936.45

9.1. Dividends and other receivable rights

0.00

9.2. Other assets

127,637,936.45

10. Prepaid expenses

338,658.54

11. Total Assets

4,268,749,931.34

 

12. Total liabilities

893,736,996.84

12.1. Financial liabilities at amortised cost

812,107,992.06

12.2. Deferred tax liability

0.00

12.3. Other debts

81,629,004.78

13. Provisions for risks and charges

0.00

14. Deferred income

0.00

15. Shareholders' equity, out of which:

3,375,012,934.50

15.1. Share capital

2,947,779,186.56

15.2. Elements similar to share capital

0.00

15.3. Other elements of shareholders' equity

0.00

15.4. Share capital premiums

0.00

15.5. Revaluation differences

-1,328.72

15.6. Reserves

646,805,768.60

15.7. Treasury shares

-785,109,068.40

15.8. Retained earnings

1,524,868,026.84

15.9. Period result

-959,329,650.38

16. Net Asset Value

3,375,012,934.50

17. Number of issued shares**

5,226,427,239

18. Net asset value per share

0.6457

19. Number of portfolio companies out of which:

25

19.1 Companies admitted to trading on an EU market

5

19.2 Companies admitted to trading on a non-EU market

0

19.3 Companies not admitted to trading

20

Legend:

* = Include also the value of holdings admitted to trading on AeRo market (alternative regulated market)

** = Represents the number of paid issued shares excluding treasury shares and repurchased own shares related to the global depositary receipts or certificates of interest of own shares, according with FSA Regulation no. 7/2020, as subsequently amended.

 Leverage of the fund

Method type

Leverage level

Exposure amount

a) Gross method

64.15%

2,164,977,245.69

b) Commitment method

100.00%

3,375,012,934.50

Franklin Templeton International Services S.à r.l., in its capacity of alternative investment fund manager of Fondul Proprietatea SA

 

 

 

 

Johan Meyer

Permanent representative

Marius Nechifor

Compliance Officer

 

BRD Groupe Societe Generale

Victor Strâmbei

Manager Depositary Department

Annex - Valuation methods used for the securities and the monetary market instruments held by Fondul Proprietatea S.A. (31 October 2023)

Listed shares

 

Name

Symbol

Valuation method

1

Alcom SA

ALCQ

Value based on the valuation report as at 31 October 2022 (applying the income approach using the discounted cash flow method)

2

Alro Slatina SA

ALR

Closing Price

3

IOR SA

IORB

Reference price (Closing Price)

4

Mecon SA

MECP

Fair value (Last trading price)

5

Romaero SA

RORX

Reference price (Closing Price)

Unlisted shares

 

 

Name

Symbol

Valuation method

1

Aeroportul International Mihail Kogalniceanu - Constanta SA

Value based on the valuation report as at 31 October 2022 (applying the income approach using the discounted cash flow method)

2

Aeroportul International Timisoara - Traian Vuia SA

Value based on the valuation report as at 31 October 2022 (applying the income approach using the discounted cash flow method)

3

CN Administratia Canalelor Navigabile SA

Value based on the valuation report as at 31 October 2022 (applying the market comparison technique using comparable trading multiples for EBITDA)

4

CN Administratia Porturilor Dunarii Fluviale SA

Value based on the valuation report as at 31 October 2022 (applying the market comparison technique using comparable trading multiples for EBITDA)

5

CN Administratia Porturilor Dunarii Maritime SA

Value based on the valuation report as at 31 October 2022 (applying the market comparison technique using comparable trading multiples for EBITDA)

6

CN Administratia Porturilor Maritime SA

Value based on the valuation report as at 31 May 2023 (applying the income approach using the discounted cash flow method)

7

CN Aeroporturi Bucuresti SA

Value based on the valuation report as at 31 May 2023 (applying the income approach using the discounted cash flow method)

8

Complexul Energetic Oltenia SA

Value based on the valuation report as at 31 October 2022 (valued at zero mainly due to high net debt position)

9

Engie Romania SA

Value based on the valuation report as at 31 May 2023 (applying the market comparison technique using comparable trading multiples for EBITDA)

10

Plafar SA

 

Value based on the valuation report as at 31 October 2022 (applying the income approach using the discounted cash flow method)

11

Posta Romana SA

Value based on the valuation report as at 31 October 2022 (applying the market comparison technique using comparable trading multiples for Price/Earnings)

12

Societatea Nationala a Sarii SA

Value based on the valuation report as at 31 May 2023 (applying the income approach using the discounted cash flow method)

13

Societatea Electrocentrale Craiova SA

Priced at zero (lack of financial statements required for yearend valuation)

14

World Trade Hotel SA

Priced at zero (lack of annual financial statements for the last 9 financial years including the financial statements for the year-ended 31 December 2021; last available financial statements are those for the year-ended 31 December 2012)

15

Zirom SA

Value based on the valuation report as at 31 October 2022 (applying the income approach using the discounted cash flow method)

Shares of companies in insolvency/ judicial reorganization/liquidation/dissolution/ bankruptcy

 

Name

Symbol

Valuation method

1

Gerovital Cosmetics SA

Valued at zero (bankruptcy)

2

Romplumb SA

Valued at zero (bankruptcy)

3

Salubriserv SA

Valued at zero (bankruptcy)

4

Simtex SA

Valued at zero (judicial reorganisation)

5

World Trade Center Bucuresti SA

Valued at zero (insolvency)

Bank deposits

Name

Symbol

Valuation method

Bank deposits

Bank deposit amount cumulated with the accrued interest receivable calculated for the period elapsed from its starting date

 

Franklin Templeton International Services S.à r.l., in its capacity of alternative investment fund manager of

Fondul Proprietatea SA

 

Johan Meyer

Permanent Representative

Marius Nechifor

Compliance Officer

 

BRD Groupe Societe Generale

 

Victor Strâmbei

Manager Depositary Department

 

 

Annex - Changes in the valuation methods used for the computation of the NAV of Fondul Proprietatea as of 31 October 2023

 

There was no change of the valuation methods used for the computation of the NAV as at 31 October 2023 for Fondul Proprietatea S.A, as compared to 12 October 2023, respectively from the last reporting of the net asset value of Fondul Proprietatea.

 

Franklin Templeton International Services S.à r.l., in its capacity of alternative investment fund manager of Fondul Proprietatea SA

Johan Meyer

Marius Nechifor

Permanent representative

Senior Compliance Officer

 

 

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END
 
 
NAVFIFSRLSLELIV
Date   Source Headline
23rd Feb 20217:00 amRNSConvening notice of 28 April 2021 Annual GSM
23rd Feb 20217:00 amRNS2020 Annual financial results
22nd Feb 20214:17 pmRNSConsultative Committees effective 25 March 2021
22nd Feb 20213:50 pmRNSNotification buybacks 15 - 19 February 2021
17th Feb 20213:51 pmRNSFSA endorsement of the Constitutive Act amendments
15th Feb 20212:57 pmRNSNotification buybacks 8 - 12 February 2021
15th Feb 20217:00 amRNS29 January 2021 NAV report
15th Feb 20217:00 amRNSJanuary 2021 Factsheet
9th Feb 20214:02 pmRNSManagement changes at FTIS S.A R.L. Buch. Branch
8th Feb 20213:05 pmRNSNotification buybacks 1 - 5 February 2021
3rd Feb 20213:22 pmRNSShareholding structure as of 31 January 2021
2nd Feb 20214:19 pmRNSReplacement: Convening notice 24 March 2021 OGSM
2nd Feb 20213:39 pmRNSConvening notice of OGSM to be held on 24 Mar 2021
1st Feb 20215:19 pmRNSIndependent Report of the financial auditor
1st Feb 20212:47 pmRNSNotification buybacks 25 - 29 January 2021
25th Jan 20214:03 pmRNSNotification buybacks 18 - 22 January 2021
18th Jan 20214:12 pmRNSInformation on the closed trading period
18th Jan 20213:53 pmRNSNotification buybacks 11 - 15 January 2021
15th Jan 20217:00 amRNS31 December 2020 NAV
15th Jan 20217:00 amRNSDecember 2020 Factsheet
14th Jan 20213:27 pmRNS14 Jan 21 EGSM resolution (full text)
14th Jan 202111:58 amRNS14 January 2021 EGSM resolutions
11th Jan 20214:37 pmRNSNotification buybacks 4 - 8 January 2021
7th Jan 20214:09 pmRNSInformation on the conduct of the 14 Jan 2021 EGSM
6th Jan 20213:42 pmRNSShareholding structure as of 31 December 2020
4th Jan 20214:17 pmRNSCorrection of details from 30 Dec 2020 report
30th Dec 20203:31 pmRNSUpdate regarding the Fund's buyback programmes
29th Dec 20207:00 amRNSNotification buybacks 19 Oct - 24 Dec 2020
23rd Dec 202011:50 amRNSShareholding structure as of 17 December 2020
22nd Dec 202012:18 pmRNSCorrection current report published on 2 Dec 2020
21st Dec 20201:32 pmRNSCorrection report on Settlement and payment of TO
21st Dec 202011:03 amRNSReplacement: Settlement and payment of TO transact
21st Dec 202010:40 amRNSSettlement and payment of the TO transactions
18th Dec 20202:56 pmRNS14 Jan 2021 voting recommendations and materials
17th Dec 20204:10 pmRNSFX rate applicable to GDRs repurchased in the TO
16th Dec 20204:42 pmRNSCompletion of the public tender offer
15th Dec 20204:00 pmRNS27 November 2020 NAV report
15th Dec 20204:00 pmRNSNovember 2020 Factsheet
8th Dec 20203:36 pmRNS2021 Financial calendar
4th Dec 20201:40 pmRNSShareholding structure as of 30 November 2020
2nd Dec 202012:07 pmRNSRepresentation changes starting with 1 Dec 2020
20th Nov 20201:46 pmRNSThe composition of FP's Consultative Committees
20th Nov 202011:46 amRNS14 January 2021 EGM Convening notice
16th Nov 20207:00 amRNSQuarterly report for the quarter ended 30 Sep '020
13th Nov 20204:00 pmRNSOctober 2020 Factsheet
13th Nov 20204:00 pmRNSNAV as of 30 October 2020
13th Nov 20202:52 pmRNS13 November 2020 EGSM and OGSM full resolutions
13th Nov 202011:48 amRNS13 November 2020 EGSM & OGSM resolutions
6th Nov 20208:25 amRNSPublication of the tender offer documentation
4th Nov 20203:28 pmRNSApproval of the public tender offer

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